The United States Department of Agriculture (USDA) has announced changes to the rural areas that are eligible for its housing programs. The changes are based on the 2020 census data, which showed that some areas that were previously considered rural have become more urbanized.
The USDA’s rural housing programs offer a variety of options for homebuyers, including single-family home loans, multifamily loans, and rental assistance. These programs can help homebuyers purchase or rent a home in a rural area at an affordable price.
If you are interested in learning more about USDA rural housing programs, you can contact Altamont Property Group. We can help you determine if you are eligible for these programs and connect you with a lender who can help you apply.
Here are some additional details about the USDA rural areas designation changes:
- The USDA reviews its rural areas designation every five years.
- The 2020 census data was used to make the latest changes to the designation.
- The changes are based on factors such as population density, employment, and distance to an urban area.
- The updated rural areas designation map can be found on the USDA’s website.
If you are considering buying or renting a home in Western North Carolina, it could be important to check the USDA’s rural areas designation map to see if your area is eligible for its housing programs. Altamont Property Group can help you with this process. We can also help you find a home that meets your needs and budget.
Contact us today to learn more about USDA rural housing programs and how we can help you buy or rent a home in Western North Carolina.
Altamont Property Group